OpenLegislation

Regulation 4 Contributions to the Fund by the Executive

Original text. Later amendments are not shown.

The Executive, in the year beginning with 1st April 1993 and in any subsequent year,—

(a)

shall pay to the Fund contributions in relation to any person whose service ended with service with the Company in the period beginning with 26th October 1986 and ending with 31st March 1990, in respect of the cost of that part of any increase of that person’s pension under the 1971 Act which is attributable to that person’s service with the Executive before 26th October 1986;

(b)

shall not pay to the Fund contributions in respect of the cost of any increase of a pension under the 1971 Act in relation to any person whose service ends with service with the Company after 31st March 1990; and

(c)

shall be treated by the Fund’s actuary as if any contributions previously paid by the Executive were not contributions such as are mentioned in paragraph (b) above.